According to the announcement, BAMOSZ members managed a total of HUF 5.6 bln in investment funds in May. Assets in money market funds fell 1.2% to HUF 1.365 trillion; however, it is important to note that the rate of decline is lessening, the release said. Assets in bond funds decreased by 0.9% to HUF 1.282 trillion, as investors withdrew funds worth HUF 14.5 bln.
Mixed fund assets grew by 2.3%, as HUF 17.7 bln came into the funds, while property fund assets rose 1.3% to HUF 486 bln, the announcement said. The release also noted that the exchanges of developed countries decreased slightly, while the exchanges of developing countries decreased significantly. The Hungarian index was closer to the developed countriesʼ index in May.
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